With the Federal Reserve's July meeting on the horizon, many prospective homebuyers and homeowners are wondering what it could mean for mortgage rates. After years of relatively high borrowing costs, even the slightest dip could open doors for those hoping to buy or refinance. But the path forward is far from clear.

Fannie Mae also foresees more home sales than it did in June, but the Mortgage Bankers Association reduced its origination projections for 2025.

As lenders adjust their pricing models in response to shifting economic conditions, investors are watching closely for signs of further rate movements. While challenges remain, improving rate predictability and steady inflation data may signal a more stable landscape for the remainder of the year.

Refinance rates change daily, but experts say rates could inch down in the coming months. Refinance Rates Slide Down Again: Mortgage Refinance Rates for June 24, 2025 - CNET Your Guide

Refinance rates change daily, but experts say rates could inch down in the coming months. Mortgage Refinance Rates Fall: Today's Refinance Rates, June 20, 2025 Skip to main content

Markets are predicting an 11-per cent-chance of a rate cut when the Bank of Canada makes its decision on July 30

Homeownership is often seen as a cornerstone of the American Dream. But for some who bought in recent years, it’s become a costly source of stress.

If you're thinking about tapping your home's equity, make sure you understand what could happen with rates soon.

During the last three years, mortgage rates have been on the rise. In early 2022, the average 30-year fixed rate was 4.72% and the 15-year fixed rate was 3.91%. Rates reached a recent peak in late ...